During 2024, the demand for industrial spaces remained remarkably strong across the country’s various regions. Consequently, investments in the construction of industrial spaces also remained steady, with net leasable space surpassing 50 million square feet (ft²). This was distributed among speculative buildings (75%), build-to-suit (BTS) for lease or sale (22%), and owner-built constructions (3%).
In line with the initiation of industrial space construction, industrial parks were developed featuring intriguing projects distinguished by their location, technology, building type, purpose, certifications, and other characteristics. Below, we highlight a selection of four of the most attractive industrial parks of 2024.
T-MEX Park
In Mexico’s City industrial real estate market, the developer Parks began construction on T-MEX Park in the Huehuetoca-Zumpango submarket. This development started with the first BTS for DHL, covering 600,000 ft², which became operational last November. Additionally, four more buildings under the same concept will be constructed, forming a mega logistics campus for DHL with over 2 million ft², making it the largest in the country.
The main appeal of this ambitious project is its proximity to the Felipe Ángeles International Airport (AIFA, in Spanish), which promises to become a key logistics hub in the sector.
At T-MEX Park, a BTS facility for the fashion company Inditex, spanning over 600,000 ft², is also nearing completion, and a speculative building with a similar area is planned. These projects marked the beginning of construction for the park.
Vesta Park Apodaca
Vesta began the construction of four buildings in Vesta Park Apodaca complex, located in the Monterrey industrial real estate market. This initiative totaled over 1.6 million ft² of construction starts, including speculative spaces and BTS leased by the largest e-commerce company in Latin America.
To meet sustainability goals, all buildings in this park will feature LEED certification. The developer plans to complete the industrial park by the third quarter of 2025.
Plataforma Park
Although last year Grupo Favier began construction of Plataforma Park in Guadalajara’s industrial real estate market, this year saw the highest activity in construction starts, with approximately 3 million ft².
This industrial park will be developed in three phases, reaching a total leasable area of 5 million ft², with additional construction starts planned in the coming months.
The complex is in one of Guadalajara’s most dynamic submarkets, El Salto, just 8 minutes from Guadalajara Airport. It also offers various amenities, including a helipad and a gas station.
Complejo Bafar Norte
In Chihuahua’s industrial real estate market, Fibra Nova began construction of Bafar Norte Complex. Spread across 54 hectares, approximately 2 million ft² of leasable industrial space will be developed to house 21 companies.
Fibra Nova estimates that 30% of this complex will be leased by the automotive industry, 25% by the electronics sector, and the remainder by other manufacturing sectors such as aerospace or medical.
To learn more about these Industrial Parks, use Datoz Analytics 2.0 or request your demo.
